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The Economic Times

Economy / The Economic Times

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Middle East conflict poses near-term challenges to Indian economy: RBI MPC member

Middle East conflict presents short-term challenges for India's economy, including oil price hikes and export disruptions, but is unlikely to derail long-term growth. An RBI panel member highlighted the need for coordinated fiscal and monetary policies to achieve an 8% GDP growth trajectory, supported by manufacturing and services. Inflation remains benign, offering a 'Goldilocks' scenario.

5 Mar 2026 10:30 am